Financially Forward: Gerald Harris

A lot of people are wondering whether life will ever return to the way it was before the pandemic. They wish that inflation would still be very low, that the problem of widespread shortages will be resolved quickly, and that the worries and uncertainties that have crept into our lives would go away.  But there's something else to wish for that's even more important: that the soaring crime rate around the country be brought under control quickly.

You don’t have to be Sherlock Holmes to discover that electric vehicles (EVs) are popping up all over the place.  If this trend continues, new billion-dollar industries will spring up, long-established industries could fail, and ordinary life could become very different. 

Scientists are confident that they’ve taken a huge step toward perfecting an amazing new technology. When finally completed, it will create more power than it uses and may even drive down the price of electricity to a tiny fraction of its current cost.  Moreover, it will generate tremendous amounts of power without releasing carbon or other gases that are harmful to the environment.

October 29, 1929, was so traumatic, so painful, that nearly a century later it still rattles investors.  Years of unprecedented prosperity, fun, exuberance, and a feeling of invincibility ended abruptly that day. What followed was the unthinkable: fortunes were lost, careers destroyed, families evicted, and hunger became widespread.  The people who experienced these horrors certainly wondered if their suffering would ever end, and for years it seemed that it would not. 

If current trends continue, get ready to add one more item to the already long list of shortages: gold. This should come as no surprise, since the theory of peak gold states that the world’s gold production has peaked and will decline steadily.  

If you get the impression that shortages have been in the news a lot lately, you’re right. They’ll continue to be, because developments are evolving very quickly; the situation is becoming more worrisome and everyone will be impacted.